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Nasdaq 26,445 Β· CoreWeave posts strong quarter, stock rallies in premarket ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #37 Β· Wednesday, August 12, 2026
Volatility (VIX)  Cautious Β· 15.4  β–² from 15.3 yesterday
Worth noting  SpaceX (SPCX) moved +4.23% on the day.
Markets slip modestly as investors weigh AI infrastructure costs against inflation concerns and earnings reports.
 
 

●  The Numbers

S&P 5007,728.20  -0.32%
-0.11% this week
Nasdaq Composite26,445.45  -0.60%
-0.52% this week
Dow Jones53,791.85  -0.34%
-0.54% this week
Russell 20003,027.12  +0.32%
-0.32% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

SPCX SpaceX+4.23%
TSLA Tesla+0.58%
META Meta+0.48%

Laggards

GOOGL Alphabet-3.84%
AMZN Amazon-2.09%
AAPL Apple-1.09%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Trading above both its 50-day (7,500.99) and 200-day (7,060.26) averages β€” the longer-term trend reads as up. 30-day range 7,316.15–7,757.64; currently in the upper third of that range. RSI(14) 65 β€” momentum firm.

See where every market sits on the daily page β†’

●  The Brief

 CoreWeave posts strong quarter, stock rallies in premarket

AI cloud infrastructure provider CoreWeave reported doubled second-quarter revenue driven by hyperscaler demand, impressing analysts and lifting shares before market open. (CNBC)

 AI buildout creates inflation pressure, complicating Fed policy

Massive data center construction and AI deployment costs are creating inflation headwinds that could complicate the Federal Reserve's efforts to bring prices down. (CNBC)

 US government announces $2 billion domestic mining investment

Federal government is boosting domestic mining capacity with a $2 billion initiative, likely aimed at reducing supply chain dependence for critical materials. (Yahoo Fin)

 Mortgage rates ease slightly, spurring renewed housing demand

A modest decline in mortgage rates has begun attracting buyers back to a weakened housing market after months of sustained rate pressure. (CNBC)

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Markets 101

What is the S&P 500?

An index tracking 500 of the largest US companies, weighted by market value. It's the most-watched gauge of "the US stock market" because those 500 firms are most of its total value.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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